Home Federal Bank Announces Additional Employee Bonuses
01 August 2020 - 12:00AM
Home Federal Bank (“HFB”), the wholly-owned subsidiary of Home
Federal Bancorp, Inc. of Louisiana (NASDAQ: HFBL), today announced
plans to pay up to a $1,000 cash bonus to eligible non-exempt and
non-commissioned employees. Approximately 60% of HFB’s
employees will receive a bonus.
“When the Coronavirus threat emerged, our Senior
Management Team made a commitment to ensure the safety and
well-being of our employees. To us, this meant that every
employee would keep his or her job, salary and benefits,” said Jim
Barlow, President and CEO of Home Federal Bank. “When
we began to see a resurgence in the number of local Coronavirus
cases, we made plans to create a bonus package for our non-exempt
employees, who may be affected by the virus in some way. Our
employees consistently go the extra mile for our customers.
We want our employees to know how much we appreciate their hard
work and dedication, and we want our customers to see how important
our employees are to us,” added Mr. Barlow. The Board
of Director’s decision to recognize our employees is reflective of
our commitment to the future growth and success of HFB.”
Home Federal Bancorp, Inc. of Louisiana is the
holding company for Home Federal Bank which conducts business from
its seven full-service banking offices and one commercial lending
office in northwest Louisiana. HFB is a full-service community bank
committed to providing an unparalleled level of personal service
while helping customers meet all their financial needs. Additional
information is available at www.hfbla.com.
Released by: Dawn Williams, SVP Human Resources / Home Federal /
318.222.1145
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